Nonexclusion Concept

question 50

Essay

Nonexclusion Concept. Many public goods display the attribute of being nonexclusionary in consumption.
A. Explain the nonexclusion concept.
B. Do educational TV broadcasts display both the nonrival and nonexclusion attributes?
C. With the emergence and popularity of cable TV, is an optimal amount of educational TV likely to be provided by the private sector?

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Definitions:

Global Minimum Variance Portfolio

A global minimum variance portfolio is an investment portfolio that is constructed to achieve the lowest possible risk or variance among all possible portfolios of assets.

Stocks A and B

Not a specific financial term, but could refer to two different stocks or classes of shares within a company, often with different rights and privileges.

Weights

In finance, refers to the proportion of each asset within a portfolio or a composite measurement, indicating its relative importance or contribution to the overall performance.

Return

The profit or loss generated on an investment over a certain period, usually expressed as a percentage of the initial investment.